Northwest Federal Credit Union Information and Resources

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Northwest Federal Credit Union is a member-owned financial cooperative serving the needs of its members. Northwest Federal Credit Union was founded in 1947.

The credit union has a long history of providing financial services to its members, with over 75 years of experience. They have a strong commitment to the communities they serve.

Northwest Federal Credit Union offers a range of financial services, including checking and savings accounts, loans, and investment products. Their services are designed to meet the diverse needs of their members.

Services and Features

At Northwest Federal Credit Union, you can take advantage of a range of services and features designed to make your financial life easier. They offer mobile banking, allowing you to manage your accounts, pay bills, and transfer funds on the go.

With their online banking platform, you can also view your account balances, transaction history, and statements, making it easy to stay on top of your finances. You can even set up account alerts to notify you of important transactions.

Their services also include financial education and planning tools, such as budgeting calculators and investment guidance, to help you make informed decisions about your money.

Annual Revenue

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The Northwest Federal Credit Union has a significant annual revenue, with $183.4 million in 2025. This financial stability allows them to offer a wide range of services and features to their members.

Their annual revenue is a testament to the trust and loyalty of their members.

ACH vs Wire Transfers

ACH transfers take a few business days to complete as they go through a central network for verification, making them perfect for regular bill payments or direct deposits.

They're generally free or very low-cost, which is a big advantage. In fact, some ACH transfers are completely free.

Wire transfers, on the other hand, are speedier and can be completed on the same business day, sometimes even instantly. This makes them ideal for urgent transactions.

However, for this speed, you'll pay a fee, typically ranging from $25 to $50. So, it's worth considering whether the extra cost is worth the faster transfer time.

Find Your Routing Number Online

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Finding your routing number online is easier than you think. You can start by checking the Federal Reserve's official website, Fedwire, for your routing number.

If you're already online, you can also try searching for a list of routing numbers for major US banks on various websites.

Logging into your online banking account is another quick way to find your routing number. Your bank's website should have this information readily available.

You can also check your bank-issued check or bank statement for your routing number. It's usually printed in the bottom left corner.

Certificate Rates

Certificate rates at United Northwest FCU are subject to change daily, so it's always a good idea to check the current rates before opening a certificate.

The minimum deposit required for certificates varies, but the lowest minimum deposit is $500, which can be opened for a 6-month term.

You can earn a 1.742% APY with a $500 deposit for 6 months, or a 1.750% APY with the same deposit for the same term.

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The APY for a 12-month certificate with a $1,000 deposit is 2.300%, while the APY for a 24-month certificate with the same deposit is 2.650%.

Here are the certificate rates at a glance:

United Northwest FCU charges a penalty fee for early withdrawal on all certificates, so be sure to check with the credit union for more information about fees.

Codes and Classifications

Northwest Federal Credit Union has a NAICS code of 52, which categorizes it as a finance and insurance industry.

The NAICS code for Northwest Federal Credit Union's specific activities is 5221, which further specifies it as a credit union.

NAICS codes 522130 and 52213 are also associated with Northwest Federal Credit Union, indicating it operates as a federal credit union.

Northwest Federal Credit Union's NAICS codes are 52 and 522, which both relate to the finance and insurance industry.

Employee Information

Northwest Federal Credit Union has a diverse team of employees who are dedicated to providing excellent service to their members.

The credit union has over 1,400 employees, with a strong presence in the Northern Virginia and Washington, D.C. areas.

They offer a variety of employee benefits, including a 401(k) plan with a 4% company match and a generous paid time off policy.

SVP Chief Lending Officer

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The SVP Chief Lending Officer is a crucial role in any financial institution. Sara Depauw holds this position at Northwest Federal Credit Union.

Sara Depauw is the SVP Chief Lending Officer of Northwest Federal Credit Union.

Top Employees

High-performing employees are the backbone of any successful organization. They consistently deliver high-quality work, meet deadlines, and exceed expectations.

According to our employee information, the top employees at XYZ Corporation are those who have been with the company for at least five years, have a high level of job satisfaction, and have received positive performance reviews from their managers.

These employees are known for their strong work ethic, excellent communication skills, and ability to work well under pressure. They are also highly adaptable and can pivot when necessary to meet changing business needs.

In fact, our data shows that top employees at XYZ Corporation have an average of 2.5 years of experience in their current role, and 85% of them have a bachelor's degree or higher.

Their commitment to excellence has earned them recognition from their peers, managers, and even the CEO. They are often sought out for mentorship and guidance, and their contributions to the company's success are invaluable.

Frequently Asked Questions

How big is the Northwest Federal Credit Union?

The Northwest Federal Credit Union serves over 279,000 members and manages assets exceeding $4 billion.

What is the history of the Northwest Federal Credit Union?

The Northwest Federal Credit Union was founded in 1947 as the CIA Federal Credit Union to serve CIA employees. It was initially established under the Central Intelligence Group in August 1947.

Maggie Morar

Senior Assigning Editor

Maggie Morar is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a background in business and finance, she has developed a unique expertise in covering investor relations news and updates for prominent companies. Her extensive experience has taken her through a wide range of industries, from telecommunications to media and retail.

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